401(k) income statements may mislead, expert warns

01/23/2013 | CBS MoneyWatch

Investors who rely on post-retirement income estimates from 401(k) statements may find themselves with an incomplete or misleading view of their retirement prospects, Steve Vernon writes. Instead of providing a single dollar amount that investors can expect to earn from their 401(k) money, statements should offer a range of values, depending on the vehicle investors choose to generate that income, Vernon writes.

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